The healthcare industry is going through significant financial transformation. Healthcare providers are increasingly having to play the role of a bank by financing the cost of healthcare. CommerceHealthcare® wants to get providers out of the business of banking and put the focus back on the patient experience. We believe banking can play a bigger role in achieving this goal. From receivables and disbursements management to patient financing and lending solutions, we are dedicated to revolutionizing the healthcare financial experience for providers, payers and patients.
Our mission is to deliver a better financial experience for both healthcare providers and patients. As the preferred provider of healthcare financial services, we will continue to build long-term relationships with health systems, hospitals and physician practices. Our focus will remain on offering innovative solutions with superior service and support.
CommerceHealthcare® is applying proven banking technology and best practices to healthcare. Our team consists of highly-experienced healthcare finance and banking professionals. Their goal is to collaborate with you, serving as a strategic advisor to deliver customized healthcare financial solutions that meet the specific needs of your organization and patients.
As a division of Commerce Bank®, CommerceHealthcare® brings innovative healthcare finance solutions and services leveraging the security and infrastructure of a bank with more than 150 years of experience. Commerce Bank® invests in ideas, programs and technology that are designed specifically for healthcare providers, deliver better patient experiences and help finance leaders tackle the complex challenges facing their organizations.
For most providers, the goal to achieve robust automation in payments to suppliers and patients remains elusive. Further progress depends heavily on adopting a strategic approach to AP payments. The five components of a strategic view delineated in this article help guide this effort.
Automating many of the processes in healthcare finance and revenue cycle management (RCM) remains a high priority within the imperative to drive cost savings, enhance efficiency and generally do more with less. This article proposes seven questions to help guide finance and IT leaders in choosing payments solutions that deliver the desired automation benefits.
